Economy Local November 14, 2024

Etihad Airways Reports Strong Financial Growth

Etihad Airways announced a significant increase in its revenues, rising by 21% to AED 18.4 billion in the first nine months of 2024, alongside a net profit of AED 1.4 billion.


Etihad Airways Reports Strong Financial Growth

The company "Etihad Airways" announced strong financial results for the first 9 months, with an average increase in net profit of 1.4 billion dirhams (368 million dollars). This is a significant improvement compared to the last year, when the company recorded a net profit of a total of 814 million dirhams (222 million dollars).

This reflects the company's strategy for promoting growth alongside high operational productivity and continued improvements in customer service. Total revenue rose by 21 percent to 18.4 billion dirhams (5 billion dollars) for the first 9 months of 2024 compared to 15.1 billion dirhams (4.1 billion dollars) for the same period last year.

"Etihad Airways" transported 13.6 million passengers, which is 35 percent more, resulting in an increase in the number of customers on any active routes of the company.